1890s Flashcards
Peoples Party/Populist Party
Party of farmers, was really a third party for poor and middle class
Monometalism
Can trade money for gold
Bimetallism
Farmers in debt and populists wanted to shift from mono to bi and then paper money can be traded for gold a silver
Silver was not as valuable as gold
Would make the number of goods for farmers go up but the debt would stay the same
The middle and upper classes hated this
Election of 1892
3 candidates (D) (R) (P)
Panic of 1893
7 RRs failed and caused a panic because they were vital to America. This lead to a downturn in America
Election of 1896
Bryan (D) vs. McKinley (R).
Bryan was nominated by (D) and (P). McKinley won (R)
William Mckinley
Republican Candidate also won 1896 election
William Bryan
Democratic Candidate lost 1896 election